Lending

Lending (1495)

Weekly Jobless Claims Hit Lowest Since COVID-19

Defying economist predictions, weekly unemployment claims have fallen to their lowest since the onset of the coronavirus pandemic. So reports CNBC. Read more...

Dan Gilbert’s Rocket Cos. Blasts Off After Shrunken IPO

Shares in billionaire Dan Gilbert’s Rocket Companies soared as much as 26% in their Wall Street debut, following a downsized initial public offering. So reports Bloomberg. Read more...

Household Debt Falls for 1st Time Since 2014, But Mortgages Rise

While mortgage loans kept increasing in the second quarter, overall household debt dropped for the first time since 2014 amid the coronavirus pandemic. So reports Bloomberg. Read more...

Mortgage Rates Drop to 8th All-Time Low of 2020

Long-term mortgage rates have fallen again, with the benchmark 30-year fixed-rate mortgage touching an all-time low for an eighth time this year. So reports MarketWatch. Read more...

Pandemic Unlikely to Slow Millennial Marriages and Linked Homeownership Demand: First American

Millennials are already the most educated generational cohort in U.S. history, which bodes well for future homeownership demand. Read more...

Bodnar of MMG: Our World is on Fire

Bill Bodnar of The Mortgage Market Guide discusses how housing continues to accelerate and will have a tailwind for the foreseeable future. Read more...

Home Loan Forbearance Rate Falls to Two-Month Low

Fewer homeowners have been skipping their mortgage payments lately, according to the Mortgage Bankers Association. So reports MarketWatch. Read more...

Trump Moves to Scrap Obama-Era Fair Housing Rule

The Trump administration has announced that it will eliminate the 2015 Affirmatively Furthering Fair Housing regulation, an Obama-rule meant to roll back the historic impact of racial segregation in America’s suburbs. So reports the Associated Press. Read more...

Purchase Loan Applications Keep Gaining, Up 19%

Homebuyer demand continues to look strong as low rates persist even as temperatures rise. So reports CNBC. Read more...

Mortgage Rates Rise for First Time in Weeks

While U.S. mortgage rates remain near record lows, they have now risen for the first time in six weeks. So reports Business Insider. Read more...

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